Rancho Cordova based CoreLogic, a maker of fraud detection software for the mortgage industry has been acquired by First American for $100 million in cash and an unspecified amount of stock. The company will remain in Sacramento.

This is the second local real estate technology company that Santa Ana’s First American has acquired. In 2001, First American purchased transaction management and MLS software maker Realty Plus Online for an undisclosed amount. (Disclosure: I was an employee of Realty Plus Online immediately before the acquisition.)

CoreLogic was founded in 1997 as C&S Marketing by Kraig Clark and Steve Schroeder and has made Inc. Magazine’s list of fastest growing companies for the last three years.